Medtronic Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Medtronic

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Medtronic Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	339112 Surgical & Medical Instrument Manufacturing
Additional NAICS Codes	42345 Medical, Dental & Hospital Equipment & Supplies Merchant Wholesalers
Address	710 Medtronic Parkway Ne Minneapolis, MN 55432

Note: Revenues for privately held companies are statistical evaluations.


Medtronic's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Medtronic's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Medtronic is classified as operating in the Surgical & Medical Instrument Manufacturing industry, NAICS Code 339112.

Medtronic Annual Revenue and Growth Rate

Medtronic	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Medtronic's revenues are gauged from an analysis of company filings.

Medtronic's Income Statement (based on Industry Averages)

Medtronic P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that Medtronic is developing and marketing. Medtronic's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
LIBERANT Medical aspirators used for the restoration of blood flow to vessels of the peripheral arterial and venous systems and for the treatment of pulmonary embolisms and other pulmonary disorders	03/30/2023
SELECTVIEW Echo guided catheter for cardiac surgery	03/29/2023
MEDTRONIC NEUROVASCULAR CO-LAB Promoting collaboration within the scientific, research and medical communities to achieve advances in the field of healthcare, medical care and medical and surgical devices	09/14/2022

See all trademarks and details in the Full Report.

Market Share of Medtronic's Largest Competitors

A competitive analysis shows these companies are in the same general field as Medtronic, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
EMBECTA	Parsippany, NJ	100
STRUCTURE MEDICAL	Mooresville, NC	34
AUTOCAM MEDICAL DEVICES	Kentwood, MI	30
SCHARNBERG HOLDING	Des Moines, IA	26
SPECIALTY SURGICAL INSTRUMENTATION	Antioch, TN	24
MIDWEST INTERVENTIONAL SYSTEMS	Maple Grove, MN	19
VITA NEEDLE	Needham, MA	17
PYLANT MEDICAL	Grapevine, TX	17
MEDTEC	Orange City, IA	16

Nearby Competitors

These companies are similar in business line and location to Medtronic. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
MEDTRONIC	Minneapolis, MN	100
MEDTRONIC PUERTO RICO OPERATIONS	Minneapolis, MN	8
RESEARCH & DIAGNOSTIC SYSTEMS	Minneapolis, MN	4
BIO-TECHNE	Minneapolis, MN	4
SMITHS MEDICAL ASD	Minneapolis, MN	3
MEDIVATORS	Minneapolis, MN	3

Future Competition: Medtronic's Fastest Growing Competitors

These companies are in the same general field as Medtronic and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)